The expectations hypothesis and decoupling of short- and long-term US interest rates: A pairwise approach

"The link between short-term policy rates and long-term rates elucidate the potential effectiveness of monetary policy. We examine the US term structure of interest rates using a pairwise econometric approach advocated by Pesaran (2007). Our empirical modelling strategy employs a probabilistic...

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Detalles Bibliográficos
Autores Principales: "Holmes, Mark J., Otero, Jesús, Panagiotidis, Theodore"
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Elsevier Inc. 2015
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/22662
https://doi.org/10.1016/j.najef.2015.09.014